Why you should LONG $MOVR
MOVR Long Setup - Updated now $2.96 🔥*
Live now: *$2.61 - $2.96*
24h: Low $1.55 -> High $3.03 = +95% range
Volume: *$236M* = 656% of MC ($36M) = insane squeeze
7D: *+223%* | Yesterday +55%
*Why still LONG?*
- Migration ended Sep 30 - MOVR moving to Base chain = big narrative, like $GLMR
- MC only $32M still, even after pump. At $4 = $50M, at $10 = $124M - still cheap
- Volume 10x higher than yesterday (66.5% volume change) = FOMO not done
- Last pump Sep 2021: $1 -> $494 in 2 weeks
*BUT risky now* - don't market long at $3.03 top. Wait pullback.
*My Low Capital Long Plan:*
*Type: Buy the dip, not the top*
*Entry Zone:* $2.20 - $2.35 (50% retrace of $1.55-$3.03)
Use Limit order, don't chase
*Stop Loss:* $1.95 (below $2.00 psychological + wick) = -15% SL
With 8X leverage, liq ∼$1.75 safe
With 50X you die at $2.28 - don't use 50X here
*Margin:* Use $5 only from your profit
*Targets to $4:*
TP1: $3.03 (today high retest) = +30% = +240% ROE 8x
TP2: $3.50 = +50% = +400% ROE
TP3: *$4.00* = +72% = +576% ROE
TP4: $4.80 = +105% = +840% ROE
*Take profit plan:*
At TP1, sell 50% and move SL to entry ($2.25). Free trade to $4.
*Invalidation:* 4H close below $1.95 = long failed, goes back to $1.55
> $MOVR $2.96 (+55% 24h, +223% 7D) Vol $236M
> 12.49M supply, MC $36M - still micro
> Migration to Base ended Sep 30 - new chain hype
> Long setup: Entry $2.20-$2.35, SL $1.95, TPs $3.03 / $3.5 / $4.0 / $4.8
> Not chasing top, buying dip. $4 = 2x still -99% from ATH $495
> #MOVR #Moonriver #Base
MOVR Long Setup - Updated now $2.96 🔥*
Live now: *$2.61 - $2.96*
24h: Low $1.55 -> High $3.03 = +95% range
Volume: *$236M* = 656% of MC ($36M) = insane squeeze
7D: *+223%* | Yesterday +55%
*Why still LONG?*
- Migration ended Sep 30 - MOVR moving to Base chain = big narrative, like $GLMR
- MC only $32M still, even after pump. At $4 = $50M, at $10 = $124M - still cheap
- Volume 10x higher than yesterday (66.5% volume change) = FOMO not done
- Last pump Sep 2021: $1 -> $494 in 2 weeks
*BUT risky now* - don't market long at $3.03 top. Wait pullback.
*My Low Capital Long Plan:*
*Type: Buy the dip, not the top*
*Entry Zone:* $2.20 - $2.35 (50% retrace of $1.55-$3.03)
Use Limit order, don't chase
*Stop Loss:* $1.95 (below $2.00 psychological + wick) = -15% SL
With 8X leverage, liq ∼$1.75 safe
With 50X you die at $2.28 - don't use 50X here
*Margin:* Use $5 only from your profit
*Targets to $4:*
TP1: $3.03 (today high retest) = +30% = +240% ROE 8x
TP2: $3.50 = +50% = +400% ROE
TP3: *$4.00* = +72% = +576% ROE
TP4: $4.80 = +105% = +840% ROE
*Take profit plan:*
At TP1, sell 50% and move SL to entry ($2.25). Free trade to $4.
*Invalidation:* 4H close below $1.95 = long failed, goes back to $1.55
> $MOVR $2.96 (+55% 24h, +223% 7D) Vol $236M
> 12.49M supply, MC $36M - still micro
> Migration to Base ended Sep 30 - new chain hype
> Long setup: Entry $2.20-$2.35, SL $1.95, TPs $3.03 / $3.5 / $4.0 / $4.8
> Not chasing top, buying dip. $4 = 2x still -99% from ATH $495
> #MOVR #Moonriver #Base